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IL HB2791

IL HB2791
ISAC-NO REPAYMENT OBLIGATION


summary

Introduced
02/05/2025
In Committee
03/21/2025
Crossed Over
Passed
Dead

Introduced Session

104th General Assembly

Bill Summary

Amends the Higher Education Student Assistance Act. Provides that on the effective date of the amendatory Act,any recipient of a scholarship, grant, or waiver that has been or may be converted to a student loan under a State program for which the Illinois Student Assistance Commission is responsible for collections shall be released from the remaining financial repayment obligations under that program. In provisions concerning the Minority Teachers of Illinois scholarship program, the Golden Apple Scholars of Illinois Program, special education teacher scholarships, the Optometric Education Scholarship Program, Post-Master of Social Work School Social Work Professional Educator License scholarships, and the iGROW Tech Scholarship Program and in the Nursing Education Scholarship Law, removes provisions concerning repaying funds received due to the specified failure of a recipient to fulfill the recipient's obligations. Makes other changes. Effective immediately.

AI Summary

This bill provides for the complete release of financial repayment obligations for various state scholarship, grant, and waiver programs administered by the Illinois Student Assistance Commission (ISAC). Specifically, the bill eliminates the requirements for recipients to repay scholarship funds if they failed to complete employment or teaching obligations in several specific scholarship programs, including the Minority Teachers of Illinois scholarship, Golden Apple Scholars of Illinois Program, special education teacher scholarships, Optometric Education Scholarship Program, Post-Master of Social Work School Social Work Professional Educator License scholarships, and the iGROW Tech Scholarship Program. The release applies only to obligations resulting from a recipient's failure to complete required employment commitments and does not cover repayments due to other reasons such as fraud, errors, or loss of eligibility. This change effectively forgives past scholarship recipients from having to repay funds if they did not fulfill their original service commitments, potentially providing financial relief to individuals who may have been unable to meet the original scholarship terms.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Rule 19(a) / Re-referred to Rules Committee (on 03/21/2025)

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